BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

Georgia does not recognize referendum in Crimea

The Georgian Foreign Ministry does not recognize the referendum conducted in Crimea on the 16th of March 2014 amid pressure from Russian armed forces, in defiance of the universally recognized norms and principles of International Law, with complete disregard for the Ukrainian national laws, the official statement of the Georgian Foreign Ministry reported.

"Russia's attempt to annex Crimea represents a blatant violation of the commitments it has undertaken both under multilateral and bilateral agreements," the statement said.

The Georgian Foreign Ministry unequivocally reaffirms its support for Ukraine's sovereignty and territorial integrity within its internationally recognized borders and calls upon the international community to consolidate efforts to make the Russian Federation order its troops back to base, to immediately de-escalate the situation in Crimea as well as in other regions of Ukraine, to enter into direct talks with the Ukrainian Authorities and to co-operate with the international community in order to find ways to deal with the existing situation.